America's only certified Skyrace course. Race Beast of Big Creek on Mt. Ellinor in Hoodsport, WA on Aug 3rd, 2024.

America's only certified Skyrace course. Race Beast of Big Creek on Mt. Ellinor in Hoodsport, WA on Aug 3rd, 2024.

From the official press release:

On achieves strong full year results in 2023, significantly exceeding the expectations set at the beginning of the year, reaching net sales of CHF 1,792.1 million. This reflects a reported growth rate of 46.6% year-over-year and over 55% on a constant currency basis. On further reports a gross profit margin of 59.6%, net income of CHF 79.6 million and an adjusted EBITDA margin of 15.5%, showcasing On’s ongoing commitment to combine strong growth with continuously increasing profitability.

Just bonkers numbers for a brand that didn’t exist just a few years ago. What one can do when Roger Federer infuses lots of cash into your company.

*not an official term used in their investor filing.

MADE BY EINMALEINS